Morgan Stanley initiated coverage of Healthsouth Corp. (NYSE:HLS) with an equal-weight rating.
The bank sees 2010 EPS of $1.48 and 2011 EPS of $1.61.
HEALTHSOUTH Corporation provides inpatient rehabilitative healthcare services. The Company operates inpatient rehabilitation hospitals, long-term acute care hospitals, outpatient and rehabilitation satellites, and home health agencies. HEALTHSOUTH provides treatment on both an inpatient and outpatient basis.
HealthSouth has a potential upside of 14% based on a current price of $20.89 and an average consensus analyst price target of $23.81.

By FNN Staff root@fnn-online.com

Most Popular Video News

From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...

Barnes & Noble's new NOOK HD product line is available for pre-order today. There will be two models of the high definition tablets, the NOOK HD and NOOK HD+. The standard model will sport a 7 inch screen and will retail for $199. The HD+ tablet will have a 9 inch display and cost $269...

The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...